#TradingPsychology Here are the main elements of trading psychology:
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1. Fear
• Arises when losing money or during market volatility.
• Can cause a trader to prematurely close a profitable position or not enter a trade at all.
2. Greed
• The desire to "squeeze the maximum," which often leads to traders staying in a position too long and losing profits.
• Also manifests in the desire to quickly increase capital, often through high risk.
3. Overconfidence
• After a few successful trades, a trader may start to ignore risks, leading to significant losses.
4. Market Revenge (revenge trading)
• After losing money, a trader tries to "get back at the market," often opening rash trades — usually with even greater losses.
5. Impatience
• The desire to always be in a trade.
• Ignoring the trading plan or signals because it’s "boring to wait."